Cecil, if you don't receive a letter from the wonderful PST people in
Oshawa...don't ask!! Don't go parting with your hard earned reserves unless
they demand it. It's hit and miss. TC hands them over a CofR transfer list
at the end of each month and sometimes they send out the "please prove where
you paid PST and if not submit 8%" letter and sometimes they don't.
I've received the letter almost immediately, some over a year later and some
never at all. Bought Leah a CH701 in November 2003 and Daryl a J3C-65 in
April 2004 and have not received a letter for either one. On the other hand
I buy airplanes in the business name and the idiots send me a letter almost
immediately...when I have a PST Exempt # and am not required to pay PST on
resale stuff. Just a typical Government operation!
If you don't get it, don't ask any questions that might have you giving up a
freebee. If you do get the letter ....you have so many days to prove where
you paid or to submit the 8% of purchase price. No penalties in Ontario
(unlike what I hear they do in the USA) You did get two bills right? One for
what you paid and one a lower (believable) amount for tax purposes.
Cheers,
Wayne
----- Original Message -----
From: "british thunder" <
britishthunder@sympatico.ca>
To: <
rebel-builders@dcsol.com>
Sent: Saturday, February 12, 2005 10:24 PM
Subject: taxes
Does any one know where you go to pay the taxes on a resale plane?
I bought this in July and figured they would send me a tax bill but
haven't received anything.
Don't want to get dinged for late payment.
thanks
Cecil
014R
-----------------------------------------------------------------
List archives located at:
https://www.dcsol.com/login?mode=HTML
username "rebel" password "builder"
Subscription services located at:
https://www.dcsol.com/public/code/html-subscribe.htm
List administrator:
mike.davis@dcsol.com
-----------------------------------------------------------------
-----------------------------------------------------------------
List archives located at:
https://mail.dcsol.com/login
username "rebel" password "builder"
Unsubscribe:
rebel-builders-unsubscribe@dcsol.com
List administrator:
mike.davis@dcsol.com
-----------------------------------------------------------------